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KOHC - Daily Analysis - 28-03-2025

  • Sarfaraz Ahmad

Primary Structure: Bullish Impulsive

Primary Trend:  Bullish

Current Wave structure:  Potential Pullback in Red Wave "(4)".

Expectations:  The blue wave "2" is completed as a triple three combination. We got a decent recovery so far which can be considered impulsive. The price is sustained above the upper line of the channel, suggesting more gains. As per the rules, a pullback minimum of three waves may be expected in red wave "(4)" which can be a flat or some complex structure. More gains are expected completing the said consolidation.
Previously :